"From Drawdown to Jackpot: The UPST Trade Story" Nate Bear, Lead Technical Tactician, Monument Traders Alliance Editor's Note: Monument Traders LIVE! is hosting its first-ever AI Power Blitz with Nate Bear TODAY @ 2PM EST. Nate has previously delivered massive wins of 100%, 287%, and even 1,129% within days during his trading blitzes. Now, he's leveraging AI to hunt explosive trade setups in just two hours! Join Nate as he demonstrates his AI-powered scanner, S.A.M., and get a first look at innovative NEW features that could revolutionize trade identification. It's all happening LIVE and FREE in the Monument Traders LIVE chat room. Add event to calendar Room opens at 1:45PM EST. Come early to network and test your tech! Don't miss this game-changing opportunity. See you this afternoon! Ryan Fitzwater, Publisher _____________________ Typically, myself, Bryan or Karim release one watchlist idea for you in this letter. But today I wanted to do something different because I'm really amped up. You see, later this afternoon, I will be going live to demo my brand new AI Power Blitz tool. But before that happens, I want to show you how explosive these opportunities can be, with a trade I recently placed in UPST. A Trade That Almost Wasn't Over a week ago, I started eyeing Upstart (UPST) in our Daily Profits Live trading room. I started entering a position around October 8th. At first, things didn't look promising. The trade was facing a significant drawdown, and I was staring at what could have been a substantial loss. Every time I added to the position, things only seemed to get worse. But then, something remarkable happened. UPST suddenly caught fire, surging nearly 33% in just a matter of days. While I didn't capture the entire move, I managed to lock in a solid 180% GAIN IN JUST SIX DAYS. Even more impressively, some of our members reported even better results like these folks: Why UPST Soared (And Why It's Still on My Radar) There are several reasons why UPST performed so well, and why it's still on my watchlist: - 52-Week Highs: UPST is trading at its 52-week highs and has the potential to break out even higher. This bullish momentum is still in play today.
- Multiple TPS Setups: The stock displayed my favorite TPS (Trend, Pattern, Squeeze) setup across multiple timeframes, including the hourly, 195-minute, and daily charts. For those unfamiliar, a TPS setup consists of:
- A clear upward TREND
- A consolidation PATTERN
- A SQUEEZE, indicated by Bollinger Bands moving inside the Keltner Channel
- High Short Float: With a short float percentage of 32.7%, UPST was ripe for a potential short squeeze. When heavily shorted stocks start to rise, short sellers may be forced to buy back shares to cover their positions, creating a cascade of buying pressure that can send the stock soaring.
Why UPST Is Still in Play What's particularly exciting is that all these elements are still at play. UPST has begun to develop TPS setups on even shorter timeframes, including the 10 and 15-minute charts. This suggests that we could see another explosive move in the near future. |
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